Travel around parity Business Square in one morning with an uncertain trend: FtseMib index -0,02%, at 18.900 after a downward start, conditioned by the collapse of Tokyo.
The banking sector resists, the most penalized on Black Monday. The sub-fund made a profit at the start from the flattering ones Ubs results (+3,3%) which announced a double profit compared to analysts' expectations. The French Société Générale (+2%) and the Spanish BBVA (+1,7%) also rose. But the current of purchases soon faded.
In Milan Unicredit rose by 0,09% after the sale of a package of non-performing loans for 700 million. It does better Understanding, +1,49%. Cautious signs of recovery among the Populars: Banco Popolare + 0,93% bpm +0,37%, unchanged Bper.
After the thud of the American ISM of yesterday, there is great anticipation for the US data on factory orders in December, which analysts estimate down by 1,8%. The data will be released this afternoon at 16,00.
In the meantime, the major lists of the Old Continent are cautious: London drops by 0,13%, Paris -0,05%, Frankfurt -0,81%. Madrid +0,49% is on positive ground.
In Europe, sales of titles from theauto (Stoxx of the sector -1,6%), of tlc (-1,2%) and on tech (-1,1%). Dutch telecom KPN fell 5,7% after worse-than-expected earnings data. Meanwhile, BP loses 1,2% on weak results in the fourth quarter.
According to anonymous sources cited by Bloomberg, the president of the ECB Mario Draghi stated that he could ask forinterrupt the absorption of liquidity connected to the Securities Markets Programme (Smp) if the Bundesbank agrees. Stopping these sterilization operations would mean injecting liquidity of around 175 billion euros, which would help to untie some money market knots in the eurozone.
In the Milanese price list it shines Enel (+1,2%), pending the preliminary results for 2013, which will be released in the afternoon.
Reduce the discount Telecom Italy (-0,5%), after rumors spread that Telefonica has already made a commitment to Mexican tycoon Carlos Slim to sell Tim Brasil to the America Movìl group at a price of 15 billion dollars. Carlos Slim, for his part, would already have a stew hypothesis in mind for distributing Tim Brasil's pieces among the various operators. A Telco board of directors is scheduled today which could deal with the governance of Telecom, an issue that will then be examined by the Telecom board.
Limited discounts for industrial stocks: Fiat -0,42% StM -0,51% Finmeccanica -0,79%. Pirelli on the other hand, it loses 1,51% Eni falls by 0,36%. As for luxury, Luxottica -1% Ferragamo -0,18% and Tod’s -0,82% (Credit Suisse cuts its target price from 140 to 125 euros, maintaining the outperform rating).
Among small and medium-sized companies, they rise txt (+ 2,8%), Poltrona Frau (+1,8%, favored by the hypothesis Etihad (major customer) in Alitalia) e Marr (+2,2%). They go down Geox (-2,5%) And Indesit (-2,4%).
